Stellantis slams Biden’s new tariff against Chinese EVs

Stellantis CEO Carlos Tavares slammed the Biden Administration’s new tariff against Chinese electric vehicle (EV) imports in the United States.  According to Tavares, the Biden Administration’s recent tariffs are “just going to end up with more inflation inside the bubble.” “Protectionism has a lot of drawbacks. They don’t appear immediately; they appear one after the […]

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Stellantis eyes nickel supply in Indonesia

Stellantis has its eyes set on Indonesia’s nickel supply.  The legacy automaker is reportedly discussing a potential investment into a nickel smelter in Indonesia with Vale and China-based Huayou Cobalt.  Stellantis talks with Vale and Huayou hint that the company still believes in an future with electric vehicles. As per the Financial Times, Stellantis is talking with Vale and Huayou Cobalt to secure battery metals […]

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Stellantis acquires 49.5% in Argentine solar power producer

Stellantis acquired 49.5% of an Argentine solar power producer to increase its self-sufficiency in its operations.  The legacy automaker invested $100 million in 360 Energy Solar. Stellantis hopes to develop new solar plants, install large-scale solar storage systems, and produce hydrogen energy through the partnership.  In January 2024, Stellantis Pro One announced the expansion of […]

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Stellantis continues layoffs as CEO gets remuneration pay package

Stellantis recently announced that it will continue to lay off workers at its Mirafiori plant in Europe. Meanwhile, shareholders approved Stellantis CEO Carlos Tavares’s 2023 remuneration pay package.  The legacy automaker stated that layoffs at its Mirafiori plant would continue until May 6, 2024. The company’s job cuts have received criticisms from local unions.  “This […]

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Stellantis CEO on the threat of Chinese EV plants in Italy

Stellantis NV CEO Carlos Tavares clarified the company’s position on Chinese electric vehicle brands coming to Italy. He also refuted rumors that Stellantis would shut down production in Italy and leave the country. “There is fake news going around at the moment that Stellantis will not stay in Italy, that Stellantis will not invest in […]

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Stellantis has cut 400 salaried engineering, tech, and software positions

Dodge and Chrysler’s parent company, Stellantis, has announced plans to lay off around 400 salaried workers from various positions across engineering, technology, and software. In a statement on Friday, Stellantis said it was laying off roughly 2 percent of its jobs in engineering, tech, and software, largely due to “unprecedented uncertainties and heightened competitive pressures […]

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Stellantis partners with CARB to reduce carbon emissions

Stellantis and CARB (California Air Resources Board) partnered to reduce carbon emissions.  “California’s work with leading manufacturers is an example of the collaboration that will clean our air, combat climate change, and improve health outcomes for residents in the state,” said CARB Chair Liane Randolph. “Importantly, industry collaboration helps accelerate the deployment of zero-emissions options […]

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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Stellantis and Leapmotor’s joint venture received approval from China’s National Development and Reform Commission (NDRC).  With the approval from the NDRC, Stellantis can build and sell Leapmotor electric vehicles (EVs) outside of China, said people familiar with the matter. The joint venture between Stellantis and Leapmotor still needs regulatory approval in other markets.  In October […]

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